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20121101
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling their oats after the election and saying, look, this isn't about just marginal rates but the marginal rates and this, not either, or, but "and" this. >>guest: that is what chuck schumer said before the election, saying close loopholes and raise the rates at the same time, which is exactly the opposite of tax reform. >>neil: how does a guy like that who represents the financial capital of the world sort that out and its economic impact. >>guest: this is an important point i am glad you brought it up. what is the financial capital of the world? new york wants to
stations closed. this gas line look how far it stretched -- into california! not really but it is bad. go on the road and look at this all these people are looking if gas. you know more than a couple of vehicles have just a quarter tank or less, right if not good. not good. that often leads to hoarding. some relief could be on the way. now, pat, what do you see happening? >>pat: well, it is like we have cabin fever. folks want to get out and survey the damage. what do they need? gasoline, yes, some need it for generators and some need to drive around and maybe their employers are making them go do work, but, there are a lot people just have nothing else to do. i don't have three hours to it is to line if gasoline but everything is going to be just a-okay everyone expects things return to normal in a day or two but some lost their houses, is it realistic to expect the house to be the tomorrow? this is a waiting game. >>neil: your points are profound because for a last people who wait in the lines they want to know how long it will be. >>guest: well, it depends on how many thousands of peop
, wondering how you get there. it stays with you. when people across the country, people in california, they have been through massive gas spikes so it is national. a lost challenges in terms of infrastructure. we do not have an energy policy or infrastructure and it brings the issues to the front page. what is interesting the impact may not be felt until the next jobs report because we know we will see layoffs, we will see consumers closing their wallets. that is looming on the horizon. for now it is a function or feel bad economy days before the election. when the election is this closesten if it is not the presidential election it could be a congressional or senate seat that is critical. both candidates said they were on top of it and people getting used to the long lines, and it could have nothing to do with the president or the gaffe they are pissed and when that happens and they are waiting in the long lines and they say both of you said things are getting better and we are on top of this, it does not look like being on top of everything. >>guest: the whole country was crying out
, democratic congressman from california. congresswoman, go do have you back. >>guest: thank you. good to be back. >>neil: i take it from the president's remarks today that it has to be a rate hike on the rich and deductions and playing around with credits and tax breaks will not cut it, did i interpret that correctly? >>guest: no, i do think you interpreted it correctly but it will be interesting to see exactly what the details are. i will look forward to that. in terms of the c.e.o.'s that are meeting with the president right now i will be curious to see what they say but there have been indications from many sectors of the business community including the chamber of commerce, they want to see a deal and everyone has been saying that people do see the need --. >>neil: but chamber of commerce, tom donohue, he is across the street, and he wasn't invited. >>guest: he wasn't? that is interesting. >>neil: i was shocked i wasn't invited. >>guest: neither was i. >>neil: here is what i want to know, it would seem that company, had key congressional caucuses, progressive caucuses and the like
Search Results 0 to 7 of about 8 (some duplicates have been removed)